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Technology Stocks : FlashNet Communications, Inc. (FLAS)

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To: JWC who wrote (108)10/4/1999 11:42:00 PM
From: Glenn Petersen   of 129
 
You may want to check out this valuation analysis that I did over the weekend:

Message 11431332

If you net the June 30, 1999 cash with the deferred revenue balance, FLAS had approximately $1.82 per share in cash. I don't have a position in this stock, long or short, but I have to think that it is a prime candidate for a takeover.
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